Contact us Pot-Stradamus – Last year we looked at our crystal horn and correctly predicted the future of weed in America with 74% accuracy! Is it a second look? No, Bruce and I have occupied the weed news trenches for 25 years combined. Trends follow clear trajectories: such as, for example, the spread of rationing from West to East.
Below, we outline our expectations for the next phases of federal and state legalization, hot new strains, mushrooms, and CBD. We got 40 weed predictions that are likely to come true.
Cannabis strain predictions
It will be a year rainbow sherbert 11 and crosses, namely the third and fourth generation zkittles The job. the Root beer The dynasty will take off. Same with Cherry troupe And the Super pov. gastropubas well as strains bred from that they will pop up.
The seed selling industry is going to get even crazier, now that it’s gone The Drug Enforcement Administration said Anything less than 0.3% THC is just cannabis; Like bird seed. Each person will receive one brand of seed. The golden age of cannabis genetics is getting brighter.
We’ll get proof of that some terpenes– The aroma molecules in the weed – create a scent and effects large for their amounts. We will also learn about previously unclassified or unnamed molecules that contribute to odor and effect.
Solventless “Live Rosin“It’s about to be an even bigger year.
Herbal lifestyle trends
We expect to open hundreds of new clinics across dozens of new cities. Delivery services will spread.
Las vigas You will jump into the forefront of the cannabis consumption lounge trend. New state-licensed arenas will open in Sin City, many with the superior design and luxury amenities we’ve come to expect from America’s adult playground.
At least one of the new lounges will partner with a ride-sharing company to return customers safely to their homes (or let’s be honest, to their hotels on the Strip).
a mushroom The backlash will begin after a high-profile incident amidst a wave of charlatans taking advantage of the hype. New research papers on why mushrooms help appear. New papers will be issued on why the fungus is infected.
New cities will legalize/decriminalize anesthetic. Other cities/legislatures will tighten penalties for the drug.
Ketamine The treatment will continue to become more popular and start to jump the shark.
CBD and Delta 8 and beyond
cannabidiol Science will advance – with new discoveries about medicinal effects, or lack thereof.
New studies will find some unhealthy compounds and effects in new cannabis products such as THC-O.
The new states will crack down on engineered cannabinoids such as delta-8-thc, d-9-thc derived hemp, THC-O, HHC, etc.
Cannabis industry forecasts
Destiny prices You will not relent in Illinois. The government’s stifling legal supply will not meet the demand. Pot prices will continue to fall in Michigan. It seems that supply is exceeding demand there.
Medical marijuana enforcement will be ramped up in Oklahoma. Runaway medical marijuana cultivation has sparked a backlash. Unlawful market enforcement will begin in Oregon. Illegal suppliers there have flooded the legal market in 2022.
Los Angeles, the world’s largest legal cannabis market, will remain stalled with no meaningful increase in traditional outlets, and more equity litigation. California will not bring its illegal market under control. As a result, California prices will remain low.
New York It’s going to be a rough first year for legal, licensed sales: expect higher prices, fewer stores, more lawsuits, weeds on the streets, and an ongoing crackdown on unlicensed sellers. Heavy government deployment means demand exceeds legal supply in a few stores. An untested illicit market satisfies the rest of the demand, and this spurs law enforcement.
Cannabis stocks will remain low. Rising inflation moderated cannabis sales, and pushed up federal interest rates, which sent inventories down. It also sent stocks down – no movement on legalization in Congress (see below).
Other states will follow California’s example and create organic labels, such as the California Label OCal Program – “A statewide certification program that establishes and enforces cannabis standards comparable to organic.”
More famous brands will be launched. We’ll see the first big celebrity brand go bankrupt.
It will challenge more aggrieved parties such as Variscite NY One, Inc. equity programmes In court. The federal lawsuit currently blocking dozens of stock licenses in New York could set a shocking precedent.
new cases of Lung injuries From THC contaminated vape cartridges may appear, most likely limited EVALI outbreaks in a ban. The hemp-derived THC loophole has opened up major sales and marketing opportunities for vape cartridge manufacturers, without any applicable lab test lab guarantees for consumers.
Federal Reform Outlook
Congress will narrow the farm law loophole that allowed hemp-derived cannabis to be dumped in states that prohibit dumping.
The FDA will still warn CBD sellers about false claims, but final FDA rules on CBD won’t appear in 2023.
2023 will not see the passage of cannabis legalization bills Congress. Republicans control the House, which means Republican committee chairs have the power to block any cannabis reform bills they don’t like — even if there are enough votes to pass them.
The House has passed the MORE Act (which would end the federal ban on cannabis) twice in the past two years — but that winning streak will end in 2023 as Democrats hand control of the chamber to Republicans. MORE Act’s cosponsors would still have enough votes to pass the House, but the measure won’t hit the floor in 2023 if the Republican prohibition committee chairs don’t like it. Kevin McCarthy (R-Calif.), the presumptive new Speaker of the House, will also prevent legalization measures from moving forward during his term. House Democrats will block Republican-led reforms. We expect the Senate won’t even have to get involved.
In the US Senate, Democrats will still control the agenda – and they still don’t have enough votes to pass a legalization bill. Sloppy Democrats like Sen. Jeanne Shaheen (D-NH) will balk at an issue they don’t understand and refuse to consider. Federal THC potency limits will be discussed but not enacted.
Sen. Jon Fetterman (D-PA) will be an outspoken champion of legalization in the US Senate, and will also work behind the scenes, having personal conversations with his Senate peers, about the need for legalization.
Congress will pass a small, incremental cannabis bill. Not more or more secure banking, but another bill that reduces red tape around the search.
reschedule It will be reviewed by the US Department of Justice but no decision has been made on it. There will be hearings.
State legalization projections
Two countries will try to do this interstate trade, but the actual legal weight traveling between borders will be zero. However, the headlines would be great.
More dormant trade clause lawsuits will happen, but the rulings will be tight. They may cut some aspects of the Controlled Substances Act, but they will not bring it down.
Oklahoma Voters will pass adult use legalization in the March 7, 2023 statewide election.
Ohio It will vote on legalization, but it will not pass as consensus persists.
Minnesota State lawmakers will pass an adult use legalization bill after months of wrangling over the details.
in a HawaiiState lawmakers will finally pass a full adult use legalization bill, with new Governor Josh Green (D) poised to sign it.
New Hampshire lawmakers will make progress winning votes for a full adult use legalization bill, but Gov. Chris Sununu (R) remains firmly opposed to the idea. Without Swallow on board — and a promise to veto any measure passed — state lawmakers will improve on past bills, but won’t make the effort to pass them this year. That will have to wait for Sununu to move on.
More states will be enacted scan and/or resentment for past marijuana offenses.
Drug testing rules will be relaxed in new legal states.
There will be more class action lawsuits around THC Potential Inflated – It’s very appetizing for lawyers who love writing press releases. But they won’t stand up to court because lab standards are so variable. California will enact leading lab testing standards nationwide through regulatory review.
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And this is a summary of our cannabis predictions for 2023. We wish you all the best in the new year in all your endeavors.
* As always, these forward-looking statements depend on the people and details involved, which are subject to the whims of the universe, including but not limited to: the Yellowstone supervolcano, the landing of UFOs, the safety of the Antarctic ice cap, and the whims of novel coronaviruses.
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